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This summary was created by AI, based on 22 opinions in the last 12 months.

Based on the reviews from different experts, it can be summarized that WSP Global Inc. is a well-managed company that enjoys a strong position in the engineering and environmental services sector. The company has a global footprint, benefits from massive infrastructure spending, and has a healthy balance sheet. It is focused on organic growth and disciplined acquisitions, showing potential for long-term investment.

Consensus
Positive
Valuation
Fair Value
BUY
WSP Global Inc.

Not that capital intensive, as it consults, not builds. Executes incredibly well, grown nicely. You want to own it here. Accounting can be confusing, but not doing anything wrong as per the short report.

INDUSTRIAL PRODUCTS
WATCH
WSP Global Inc.
Short-seller report, be concerned?

We're at a point in the market where this type of thing will come out. Be careful with these types of reports. It could be that whoever wrote the report has covered his short by now.

He likes the engineering group. Give it some space, 4-5 days, to see if things firm up. Pick a stop, and then see what happens over the next few days.

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BUY
WSP Global Inc.
Global Diversity Fund.

Likes the environmental space so much they launched Canada's first Global Biodiversity Fund, comprised of about 40 stocks. These stocks are focused on halting and reversing nature loss and restoring ecosystems. Companies like WSP, WM, and CLH will benefit from massive tailwinds driven by conservation targets.

INDUSTRIAL PRODUCTS
BUY
WSP Global Inc.
WSP vs. STN

Likes the sector of engineering services, instead of construction. 77% of STN revenue comes from NA. She owns WSP. Nothing wrong with STN, though it's smaller. Since STN is smaller, it might be able to grow faster.

WSP revenue from NA is 50% or slightly below, so it's more global. Starting to see organic growth pick up from its bigger acquisitions in very attractive markets. Growth profile slightly better.

Both grow organically and through M&A.  Both have balance sheet support to do M&A.

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BUY ON WEAKNESS
WSP Global Inc.

Homerun. Incredibly well run. Priced for perfection, don't buy here. If stock fell, he'd certainly take a look. Great Canadian company.

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premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
WSP Global Inc.

WSP enjoys a backlog of projects and are asset-lite. Its current PE of 45.7x may concern some, since that exceeds the company's five-year average of 40.17x, but has declined from last year. Beta is a stable 0.83 and the company consistently beats earnings. Its EPS has risen 23% annually, compounded over three years. No, WPS won't give you explosive growth like an Nvidia, but it will offer more upside than a Steady Eddy. Not a trade, but a long-term investment.

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BUY
WSP Global Inc.

He's been adding to this since the 2022 correction. Very well-managed. These companies benefit from massive global trends in infrastructure. Yes, these companies are expensive but enjoy huge growth tailwinds. They're growing in environmental services. Definitely hang on if you own, or buy.

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TOP PICK
WSP Global Inc.

Engineering design firm not associated with liabilities of construction. M&A very strong the past few years. Strengthening environmental reclamation business. Beneficiaries of US Inflation reduction act. Excellent balance sheet allows for growth. Very strong management team that is proven in all aspects of market cycles. 

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TOP PICK
WSP Global Inc.

Government and business are and will develop infrastructure in Canada. WSP is 50/50 government and business. WSP has a footprint in most OECD countries, a massive company, so they have local expertise around the world and gives them a competitive advantage. Are asset-lite, with their big expense being their employees. Have a healthy backlog. A consistent company. They rely on M&A to make acquisitions, large and small. Debt is a healthy under-2x EBITDA. Expect an acqusition soon.

(Analysts’ price target is $210.64)
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BUY
WSP Global Inc.

Her choice in the sector. It doesn't do construction, just engineering services and consulting. It's in all the verticals that are experiencing growth: environment, roads, infrastructure. Grows through acquisition plus organic growth.

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HOLD
WSP Global Inc.
Take WSP profits and buy STN?

Valuations are roughly comparable, and rich. WSP is bigger and more global. If you own WSP, don't sell, let it keep working. Access to capital for WSP is favourable. 

Return on STN has been better this year, but that's because it was undervalued coming in. A switch wouldn't be that helpful.

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PAST TOP PICK
WSP Global Inc.
(A Top Pick Nov 18/22, Up 18%)

Very global, only 18% revenues from Canada. Well-positioned long term for infrastructure spending and energy transition. Backlog growing, as are margins. Disciplined acquirers. Balance sheet good. Organic growth 6-7%.

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WAIT
WSP Global Inc.

The question was on comparing WSP Global and Waste Connections. The companies are very different. WCN is in the waste management business and WSP Global is more on the engineering side. Waste management is an important field and a consistent business. WCN traditionally has had an expensive valuation. Both are good companies. Hold or wait to buy.

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BUY
WSP Global Inc.

Engineering services growing. Would be a good time to buy. Would diversify with other names in sector. Overall, positive trends behind the company. 

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HOLD
WSP Global Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

WSP has seen a declining dividend yield over the past decade, from ~5% to 6% to its current less than 1% yield. The stock has become focused on paying down debt and acquisitions, alongside continuous, steady dividend payments. WSP has been in the income model portfolio for years, coming from a high yield to a now relatively lower yield. The income model portfolio aims to target an average portfolio yield of 4% to 5% and a total return target of 6% to 8%. We feel that while WSP does not help to bring up the average yield, the model portfolio continues to hold an average portfolio yield in the 4% to 5% range, and WSP's strong price appreciation has helped to near the total return target of 6% to 8%. 
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WSP Global Inc.(WSP-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 17

Stockchase rating for WSP Global Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

WSP Global Inc.(WSP-T) Frequently Asked Questions

What is WSP Global Inc. stock symbol?

WSP Global Inc. is a Canadian stock, trading under the symbol WSP-T on the Toronto Stock Exchange (WSP-CT). It is usually referred to as TSX:WSP or WSP-T

Is WSP Global Inc. a buy or a sell?

In the last year, 17 stock analysts published opinions about WSP-T. 13 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for WSP Global Inc..

Is WSP Global Inc. a good investment or a top pick?

WSP Global Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for WSP Global Inc..

Why is WSP Global Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is WSP Global Inc. worth watching?

17 stock analysts on Stockchase covered WSP Global Inc. In the last year. It is a trending stock that is worth watching.

What is WSP Global Inc. stock price?

On 2024-04-12, WSP Global Inc. (WSP-T) stock closed at a price of $211.